SUIC iDrink Signed Investment Contract With Taiwan BitoEx for Trading on GoldTrade and IndexTrade Led by iDrink and Midas Touch Technology of London, Forging a Strong Partnership With Taiwan Bitoex, the Largest Crypto Exchange in Taiwan With Accumulated trading volume of over a Trillion USD
Sino United Worldwide Consolidated Ltd. (OTC PINK:SUIC) has partnered with iDrink Technology to sign an investment contract with BitoEX, Taiwan's largest cryptocurrency platform. This initiative aims to enhance the mainstream acceptance of crypto trading and payment methods through iDrink's GoldTrade and IndexTrade services. BitoEX boasts significant daily trading volumes, exceeding hundreds of millions of USD, and has accumulated over a trillion USD in trading volume. The partnership positions SUIC to leverage BitoEX's robust market presence and ongoing expansion across Asia, including Japan and the Philippines.
- Partnership with BitoEX, the largest crypto platform in Taiwan, enhances market credibility.
- Access to BitoEX's extensive daily trading volumes supports the growth of crypto-based trading for SUIC.
- Expansion into various Asian markets positions SUIC strategically within the cryptocurrency sector.
- None.
NEW YORK, NY and TAIPEI, TAIWAN / ACCESSWIRE / March 31, 2021 / Sino United Worldwide Consolidated Ltd. (OTC PINK:SUIC) with its investment partner iDrink Technology Co. Ltd., Taiwan ("iDrink") has signed investment contract with Bitoex for trading through GoldTrade and IndexTrade headed by iDrink and Midas Touch Technology Ltd. of London, paving the way for mainstream acceptance of crypto-based trading and payment methods.
BitoEX Technology Limited ("BitoEX") is the largest Taiwan-registered cryptocurrency platform with a daily trading volume in hundreds of million USD and its total accumulated trading volume of over a trillion USD. It is dedicated to promoting the use of cryptocurrencies in Taiwan and providing its customers with superior services and brand quality, in the hope that cryptocurrency transactions will become more accessible, user-friendly, secure, and with broader applications through its proprietary international digital asset exchange, BitoPro.
The company is continuously expanding their operations across Asia, including in India, Singapore, Malaysia, the Philippines and Japan and other countries. BitoEX has been ranked number one in Bitcoin market shares in Taiwan and is amongst the Top 10 Fintech Startups in Taiwan. It has partnered with several outlets including Family Mart chain convenience stores, CoinGecko, Bit Universe, Dow Jones Risk and Compliance, and Mifengcha blockchain industry information service platform. Visit their website at https://company.bitoex.com/
About iDrink Technology Co. Ltd., Taiwan
iDrink Technology Co. Ltd., Taiwan designs the iDrink Smart Vending Machine, utilizing cloud platform services that consolidate consumption data from beverage manufacturers and consumers alike, and uploading the data to its blockchain- enabled iDrink Smart Vending Machine. The firm also adopts other AI and Big Data technology to facilitate the gold trading hedge strategies. To learn more, please visit www.idrink.com.tw
About Sino United Worldwide Consolidated Company, USA
The Sino United Worldwide Consolidated Company provides research and development, venture financing for and investing in private enterprises and the public sector that develop products and services adopting core capabilities of the Internet of Things, cloud computing, mobile payment, Big Data, Blockchain, and Artificial Intelligence, to enhance and streamline existing processes, and establish new and exciting business models that will create revolutionary products and services. Shareholders of SUIC will be exposed to the diverse application of advanced services in various parts of the economy. Additionally, existing and potential customers can benefit from this company's diversified portfolio of technologies. As one of the pioneering publicly traded technology companies, SUIC will help build tech-enabled businesses of the future. To learn more, please visit www.sinounitedco.com.
Forward-Looking Statement
Certain the information set forth herein contains "forward-looking information", including "future-oriented financial information"; and "financial outlook" under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of shares being offered hereunder; (iii) the expected development of the Company's business, projects, and joint ventures; (iv) execution of the Company's vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company's projects; (vi) completion of the Company's projects that are currently underway, in development, or otherwise under consideration; (vi) renewal of the Company's current agreements; and (vii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management's beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.
These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
Although forward-looking statements contained herein are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.
CONTACT:
Sino United Worldwide Consolidated Ltd.
News Release Department
929-391-2550
SOURCE: Sino United Worldwide Consolidated Ltd.
View source version on accesswire.com:
https://www.accesswire.com/638338/SUIC-iDrink-Signed-Investment-Contract-With-Taiwan-BitoEx-for-Trading-on-GoldTrade-and-IndexTrade-Led-by-iDrink-and-Midas-Touch-Technology-of-London-Forging-a-Strong-Partnership-With-Taiwan-Bitoex-the-Largest-Crypto-Exchange-in-Taiwan-With-Accumulated
FAQ
What recent partnership did Sino United Worldwide Consolidated Ltd. (SUIC) announce?
How does the partnership with BitoEX benefit SUIC?
What is BitoEX's significance in the cryptocurrency market?
Which markets is BitoEX expanding into?
